HUD.GOV is originating source for FHA loan info.

If you did finance some of the purchase using a non-recourse loan, then you need to read up on UBTI/UDFI and there are some taxation benefits that the IRA can achieve since it now owes taxes in that scenario.

What’s the purpose of the loan and what is the collateral?

Further context, I have zero debt, high 700s credit score, one other investment property here locally. 175k in cash available, looking to do DSCR loans or cash and then refinance.Peoria, Illinois- Great need for lower income housing, market appears to have many options.Lawton, Oklahoma- Looking only at extremely cheap properties, as it seems it’s not terribly hard to find renters.

$600 a month wouldn't be enough for me and serial refi costs money, generally loan time also. 

The interest rate on a HELOC or Heloan may be better than the personal loan. 

.: Quote from @Andrew Steffens: Curious what is the purchase price and taxes/insurance/HOA?

Thank you.I've personally bought and sold over 15 properties, was a Realtor in Texas for 5 years, and a loan originator for almost 10.

Insurance for sure wouldn’t cover you.Just a thought and I could be completely wrong!

The Norris Group has a hard money ADU loan, but it's short term (3 years).